Iran aluminium sector draws global investors
TEHRAN, February 13, 2017
Investors from six countries including Malaysia, Singapore, South Korea, Italy and Germany have shown readiness to invest in Iran’s downstream aluminium sector, a report said.
There exists production capacity of 26 million tonnes aluminium in the province, Norallah Hassanzadeh head of Khuzestan Industry, Mine and Trade Organization was quoted as saying by Irna.
He said that a township with 3000 hectares land is to be built in east of Khuzestan and big industries like petrochemical and aluminium industries are due to work there.
Deputy Governor General of Khuzestan for Economic affairs Ali Bahraini said that the province ranks second in gross domestic product (GDP) and has advantages like existing economic infrastructures, access to high seas and common border with Iraq.